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VIRGINIA: At an adjourned meeting of the
<br />Board of Supervisors of Chesterfield
<br />County, held at the Courthouse on
<br />December 28, 1965, at 2~00 p.m.
<br />
<br />Present:
<br />
<br />Mr. Irvin G. Gorner, Chairman
<br />Mr. H. T. Goyne
<br />~'lr. R. J. Britton
<br />I,~r. Herbert O. Brownir~g
<br />}~r. A. R. Martin
<br />
<br />}ir. Oliver Rudy, Asst. Com. Attorney
<br />Mr. Robt. A. Painter, Co. Er~gineer
<br />Mr. Howard A. Mayo~ Jr.-Co. Planner
<br />}.r. }i.W. Burnett,Exec. Sec'y.
<br />
<br />Absent; [qr. J. Ruffin Apperson
<br />
<br />On motion of Mr. Goyne, seconded by Mr. Britton, it is resolved that the
<br />resolution of the School Board passed December 15, 1965, reeuesting the Boa~.d
<br />of Supervisors to sell ~10,000,000. in School Bonds be and it hereby is
<br />received.
<br />
<br />On motion of Mr. Goyne, seconded by Mr. Britton, the following resolution was
<br />adopted by the following vote:
<br />
<br />Ayes: Irvin G. Homer, H. T. Goyne, R. J. Britton, Herbert
<br /> O. Browning and A. R. ~lartin
<br />
<br />Nays: None
<br />
<br /> BE IT RESOLYED BY.THE BOA~{O O? SUPERVISONS OF CHESTERFIELD
<br />COUNTY, gI[~[GINIA:
<br />
<br /> 1. Pursuant to the election heretofore held on the llth day of ~'lay, 1965
<br />providing for the issuance of Ten Million Dollars (~10,000,000) of general
<br />obligation bonds of Chesterfield County for school purposes, and pursuant to
<br />the resolution of the County School Board of Chesterfield County heretofore
<br />adopted on the 15th day of December, 1965, ree, uesting the issuance of the Ten
<br />Million Dollars (t~10,000,000) bonds for said purposes, a certified copy of
<br />which resolution has been filed with the Clerk of the Board of Supervisors,
<br />there shall now be issued for sai~ purposes, a certified co~y of which
<br />resolution has been filed with the Clerk of the Board of Supervisors,there
<br />shall now be issued for said purposes Ten Million Dollars (10,000,000) School
<br />Bonds of Chesterfield County, Virginia~ to be dated February 1, 1966, all of
<br />ssid bonds to be of the denomination of Five Thousand Dollars each, numbered
<br />from one(l) upwards, and to mature serially in numerical order, without option
<br />of~ prior redemption by the County of Chesterfield, Five Hundred Thousand Dollars
<br />(~500,000) bonds on February 1 in each of the years 1967 to 1986, inclusive.
<br />Said bonds shall bear interest payable semi-annually February 1 and August 1
<br />at such rate or rates, not exceedin~ six per centum (6[~) per annum as may be
<br />fixed at the sale of said bonds. Both principal and intezest of said bonds shall
<br />be payable at the Central National Bank of Richmond, Yirginia, or at The Chase
<br />Manhattan Bank, N.A., New York, N.Y. at the option of the holder thereof.
<br />
<br /> 2. Said bonds shall be executed with the facsimile signature of the Chair=
<br />man of the Board of Supervisors and the manual signature of the Clerk of the
<br />Board of Supervisors, and a facsimile of the seal of Chesterfield County shall
<br />be imprinted on said bonds and the coupons attached to said bonds shall be
<br />authenticated with the facsimile sienstures of said Chairman and Clerk, and
<br />said bonds, the coupons to be attached thereto and the provisions for registra-
<br />tion thereof shall be in substantially the following form:
<br />
<br />UNITED ST~TES O? ~ERICA
<br />
<br />STATE OF ~IRGINIA
<br />
<br />CHESTERFIELD C OU .~Ty
<br />
<br />SCHOOL BOND
<br />
<br /> KNOW ALL MEN BY THESE PRESENT that Chesterfield County, Virginia, hereby
<br />acknowledges itself indebted and for value received promises to pay to the
<br />bearer, or, if this bond be registered, to the registered holder hereof, upon
<br />surrender of this bond, the sum of Five Thousand Dollars (~5,O00) on the first
<br />day of February, 19 , together with interest thereon at 'the rate of
<br />per centum, per annum, payable semi-annually FebruarM 1 and August 1 in each
<br />year upon presentation and surrender of the respective coupons hereto attached
<br />as they severally become due. Both principal of and the interest on this bond
<br />are payable in lawful money of the United Staves of America a~i' The Central
<br />National Bank of Richmond, Virginia, or at The Chase ~lanhattan Bank, 'N.A.,
<br />New York, N.Y. at the'option of the holder hereof.
<br />
<br /> This bond is one of an issue of bonds issued for capital school improvement
<br />purposes, the ac~uisitimn of school sites and other sc~'~ool construction
<br />includin~ facilities for an area technical college in C~esterfield County,
<br />Virginia, pursuant to and in full compliance with the Constitution and statutes
<br />
<br />
<br />
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